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Underwriters for Twitter's initial public offering plan to price its stock above estimates at $27 per share if the market momentum from today continues, sources tell CNBC.
The estimated price range was originally $23-$25 per share. However, because a $27 per share price is being considered, it's likely demand is strong.
Twitter's management will decide on the final price at the end of the day . Goldman Sachs is the lead underwriter for the IPO, alongside JPMorgan Chase and Morgan Stanley.
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